Options trading presents the possibility for significant returns for those willing to take on the risk involved and learn to understand these products.

In the first part of this video series, InvestorPlace explains what an option actually is and how to read the ticker symbol for an option.

Used properly, option investing is a great way to either tap into extra profit potential from the stock market or to hedge your risks against a decline.

If you prefer more reading on the topic of options, view our free Options 101 Guide.

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